Mark K. Hardwick - Dec 18, 2023 Form 4 Insider Report for FIRST MERCHANTS CORP (FRME)

Role
Chief Executive Officer, Director
Signature
Jacob Burkett (Confirming Statement on File)
Stock symbol
FRME
Transactions as of
Dec 18, 2023
Transactions value $
$1,025
Form type
4
Date filed
12/19/2023, 04:39 PM
Previous filing
Nov 9, 2023
Next filing
Dec 21, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FRME Phantom Stock Award $1.03K +27.5 +0.91% $37.31 3.05K Dec 18, 2023 Common Stock 27.5 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of FRME common stock. The shares of phantom stock will be settled in cash or shares of FRME common stock, at the reporting person's election, upon separation from First Merchants.